This is a depreciation recapture. However, if taxpayer instead sells the property for $1200, because his recomputed basis is $600, $400 of the gain is taxed as ordinary income and $200 is taxed at the more favorable capital gains tax rate.
The tuition charge is $10,088 while room and board is $8,270, books and supplies are $1,130 and other fees come in at $1,929. Residents of Virginia pay an annual total price of $21,417 to attend Virginia Tech on a full time basis.
Although you must be admitted to Virginia Tech to be awarded need-based financial aid, you should not wait for your offer of admission to Virginia Tech to apply for financial aid. admissions.vt.edu Virginia Tech Undergraduate Admissions shared Victor Tango AutoDrive Team's post. Â· January 18 at 1:08pm Â· World-changing research is a part of the experience for many undergraduates at Virginia Tech.